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๐Ÿ’ก Smart Analysis

Comparing Malmo and Copenhagen: Average gross pay is 25% higher in Copenhagen. Cost of living is 21% cheaper in Malmo. With higher take-home and lower expenses, Malmo is a more financially comfortable place to live with an affordability score of 7.2/10 compared to 7.1/10.

Category Comparison
๐Ÿ‡ธ๐Ÿ‡ช
Malmo
๐Ÿ‡ฉ๐Ÿ‡ฐ
Copenhagen

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
โ‚ฌ55,000/yr
โ‚ฌ69,000/yr
HIGHER
Junior Developer Pay
โ‚ฌ32,000
โ‚ฌ40,000
Mid-Level Developer Pay
โ‚ฌ50,000
โ‚ฌ62,000
Senior Developer Pay
โ‚ฌ73,000
โ‚ฌ91,000
Lead / Architect Pay
โ‚ฌ90,000
โ‚ฌ112,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
โ‚ฌ1,200
โ‚ฌ1,600
Rent โ€” Suburbs (1 Bed)
โ‚ฌ800
โ‚ฌ1,050
Groceries (Monthly)
โ‚ฌ320
โ‚ฌ380
Public Transport Pass
โ‚ฌ90
โ‚ฌ100
Utilities (Electricity, Internet)
โ‚ฌ170
โ‚ฌ190
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
โ‚ฌ1,838/mo
CHEAPER
โ‚ฌ2,337/mo

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
30%
38%
Social Security Deduction
7%
8%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
โ‚ฌ2,362/mo
โ‚ฌ2,790/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
7.2
MORE AFFORDABLE
7.1
Monthly Savings Potential
Money left over after all standard cost of living expenses
โ‚ฌ524/mo
โ‚ฌ453/mo
Months to Save โ‚ฌ10,000
~19 months
~22 months
๐Ÿ‡ธ๐Ÿ‡ช Complete Malmo Breakdown & Charts โ†’ ๐Ÿ‡ฉ๐Ÿ‡ฐ Complete Copenhagen Breakdown & Charts โ†’